Participating Dealer definition

Participating Dealer means any licensed broker or dealer and who has entered into a Participation Agreement in form and substance acceptable to the Manager and the Trustee.

Participating Dealer means a broker or dealer who is (or who has appointed an agent or delegate who is) a Participant and who has entered into a Participation Agreement in form and substance acceptable to the Manager and Trustee, and any reference in this Prospectus to “Participating Dealer” shall include a reference to any agent or delegate so appointed by the Participating Dealer.

Participating Dealer means a dealer other than the principal distributor that distributes securities of a mutual fund;

Examples of Participating Dealer in a sentence

• Upon receipt of a Creation Application from a Participating Dealer (acting for itself or its clients) during the Initial Offer Period, the Manager shall procure the creation of Shares for settlement on the Initial Issue Date.

• Investors are therefore advised to consult with the relevant Participating Dealer on its requirements if they want a Participating Dealer to subscribe for Shares on their behalf.

• Depending on the circumstances of each application, a detailed verification by the Manager, the Administrator, the Registrar, or the relevant Participating Dealer might not be required where: (a) the investor makes the payment from an account held in the investor’s name at a recognised financial institution; or(b) the application is made through a recognised intermediary.

• A Participating Dealer may impose fees and charges in handling any creation request which would increase the cost of investment.

• Investors are advised to check with the Participating Dealer as to the relevant timing deadlines and the client acceptance procedures and requirements.

More Definitions of Participating Dealer

Participating Dealer means any eligible dealer who has entered into a Participation Agreement.

Participating Dealer means any participant who is a broker or dealer or such other person as may be approved by the Manager and the Trustee and who has entered into a Participant Agreement in form and substance acceptable to the Manager and the Trustee;

Participating Dealer means a broker or dealer (licensed for Type 1 regulated activity under the Securities and Futures Ordinance) which has entered into a Participation Agreement, and any reference in this Prospectus to “Participating Dealer” shall, where the context requires, include a reference to any PD agent so appointed by the Participating Dealer.

Participating Dealer means any participant of CCASS who has entered into a Participation Agreement.

Participating Dealer means, in respect of each Sub-Fund, a broker or dealer (licensed for Type 1 regulated activity under the Securities and Futures Ordinance) which has entered into a Participation Agreement.

Participating Dealer means any broker or dealer (who itself or its agent is a participant in CCASS and to whose or whose agent’s account any Units are for the time being credited by HKSCC) and who has entered into a Participation Agreement in form and substance acceptable to the Manager and the Trustee. References to a Participating Dealer shall also include, where the context requires, any agent of the Participating Dealer provided that such agent is a participant in CCASS and to whose account any Units are for the time being credited by HKSCC;

Participating Dealer means Citigroup Global Markets Singapore Securities Pte Ltd, CIMB Securities (Singapore) Pte. Ltd., Goldman Sachs Futures Pte Ltd, DBS Vickers Securities (Singapore) Pte Ltd, Flow Traders Asia Pte Ltd, Commerzbank AG, or any broker or dealer which has entered into a Participation Agreement in form and substance acceptable to the Manager and the Trustee.